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One committee member was particularly enthusiastic concerning Jones’s proposal He sug- gested that Hennessy’s performance might benefit further from reduction in the number of issues to

One committee member was particularly enthusiastic concerning Jones’s proposal. He sug- gested that Hennessy’s performance might benefit further from reduction in the number of issues to 10. If the reduction to 20 could be expected to be advantageous, explain why reduction to 10 might be less likely to be advantageous. (Assume that Wilstead will evalu- ate the Hennessy portfolio independently of the other portfolios in the fund.) 

Jun 17 2020 View more View Less

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